TDSB vs. AGOX

Last updated Apr 2, 2026

Compare and contrast key facts about Cabana Target Drawdown 7 ETF (TDSB) and Adaptive Alpha Opportunities ETF (AGOX).

TDSB and AGOX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TDSB is an actively managed fund by Exchange Traded Concepts. It was launched on Sep 16, 2020. AGOX is managed by Adaptive Funds. It was launched on Sep 20, 2012.

Performance

TDSB vs. AGOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cabana Target Drawdown 7 ETF (TDSB) and Adaptive Alpha Opportunities ETF (AGOX). The values are adjusted to include any dividend payments, if applicable.

TDSB vs. AGOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TDSB Cabana Target Drawdown 7 ETF	2.64%	12.95%	3.56%	4.71%	-16.83%	5.01%
AGOX Adaptive Alpha Opportunities ETF	-5.64%	8.58%	15.97%	19.07%	-19.21%	9.82%

Returns By Period

In the year-to-date period, TDSB achieves a 2.64% return, which is significantly higher than AGOX's -5.64% return.

TDSB

• 1D: 0.41%
• 1M: -2.70%
• YTD: 2.64%
• 6M: 5.39%
• 1Y: 12.45%
• 3Y*: 8.35%
• 5Y*: 2.34%
• 10Y*: —

AGOX

• 1D: 1.24%
• 1M: -7.61%
• YTD: -5.64%
• 6M: -9.89%
• 1Y: 14.13%
• 3Y*: 9.99%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TDSB vs. AGOX - Expense Ratio Comparison

TDSB has a 0.69% expense ratio, which is lower than AGOX's 1.69% expense ratio.

AGOX

Adaptive Alpha Opportunities ETF

TDSB

Cabana Target Drawdown 7 ETF

Return for Risk

TDSB vs. AGOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TDSB

TDSB Risk / Return Rank: 78
TDSB Sharpe Ratio Rank: 82
TDSB Sortino Ratio Rank: 81
TDSB Omega Ratio Rank: 83
TDSB Calmar Ratio Rank: 71
TDSB Martin Ratio Rank: 72

AGOX

AGOX Risk / Return Rank: 34
AGOX Sharpe Ratio Rank: 32
AGOX Sortino Ratio Rank: 35
AGOX Omega Ratio Rank: 35
AGOX Calmar Ratio Rank: 33
AGOX Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TDSB vs. AGOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cabana Target Drawdown 7 ETF (TDSB) and Adaptive Alpha Opportunities ETF (AGOX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TDSB	AGOX	Difference
Sharpe ratio Return per unit of total volatility	1.67	0.64	+1.03
Sortino ratio Return per unit of downside risk	2.21	1.08	+1.12
Omega ratio Gain probability vs. loss probability	1.34	1.15	+0.19
Calmar ratio Return relative to maximum drawdown	2.04	0.90	+1.14
Martin ratio Return relative to average drawdown	8.19	3.26	+4.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TDSB vs. AGOX - Sharpe Ratio Comparison

The current TDSB Sharpe Ratio is 1.67, which is higher than the AGOX Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of TDSB and AGOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TDSB	AGOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	0.64	+1.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.25	+0.03

Correlation

The correlation between TDSB and AGOX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TDSB vs. AGOX - Dividend Comparison

TDSB's dividend yield for the trailing twelve months is around 2.17%, less than AGOX's 3.42% yield.

	TTM	2025	2024	2023	2022	2021	2020
TDSB Cabana Target Drawdown 7 ETF	2.17%	1.93%	3.50%	2.77%	1.81%	1.75%	0.46%
AGOX Adaptive Alpha Opportunities ETF	3.42%	3.23%	3.94%	0.27%	0.20%	6.36%	0.00%

Drawdowns

TDSB vs. AGOX - Drawdown Comparison

The maximum TDSB drawdown since its inception was -19.56%, smaller than the maximum AGOX drawdown of -26.93%. Use the drawdown chart below to compare losses from any high point for TDSB and AGOX.

Drawdown Indicators

	TDSB	AGOX	Difference
Max Drawdown Largest peak-to-trough decline	-19.56%	-26.93%	+7.37%
Max Drawdown (1Y) Largest decline over 1 year	-6.02%	-15.32%	+9.30%
Max Drawdown (5Y) Largest decline over 5 years	-19.56%	—	—
Current Drawdown Current decline from peak	-2.70%	-11.44%	+8.74%
Average Drawdown Average peak-to-trough decline	-9.36%	-8.38%	-0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	4.22%	-2.72%

Volatility

TDSB vs. AGOX - Volatility Comparison

The current volatility for Cabana Target Drawdown 7 ETF (TDSB) is 2.63%, while Adaptive Alpha Opportunities ETF (AGOX) has a volatility of 7.27%. This indicates that TDSB experiences smaller price fluctuations and is considered to be less risky than AGOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDSB	AGOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	7.27%	-4.64%
Volatility (6M) Calculated over the trailing 6-month period	5.11%	12.47%	-7.36%
Volatility (1Y) Calculated over the trailing 1-year period	7.49%	22.33%	-14.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.38%	19.26%	-11.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.58%	19.26%	-11.68%